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Bitcoin Investors Won’t Sell BTC Even if Price Drops to $3K, Peter Schiff’s Poll Shows
Bitcoin ETFs Added To Michigan State Pension Fund With $6.6 Million Allocation
[Jul 26 5:30 PM] The approval of Bitcoin ETFs by the US Securities and Exchange Commission (SEC) in January 2023 has opened the floodgates for significant institutional investment in the newly approved market. However, US states are also rushing to capitalize on…
Michael Saylor: US Government Should Own Majority of Bitcoin in the World
[Jul 26 5:25 PM] Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as…
Salvadoran Basic Goods Basket Rose to Historic Highs in June
[Jul 26 2:30 PM] The price of the Salvadoran basic goods basket, a group of foods and vegetables considered essential, rose to all-time high levels in June. The increase was pushed due to the price hikes in vegetables, going over the $260 barrier and reaching…
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
[Jul 26 9:29 AM] FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
US Department of State Highlights Bitcoin’s Significance for Tourism in El Salvador
[Jul 26 6:35 AM] The U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given…
Crypto Use in Terror Financing Rises, but Is Still Relatively Small: Singapore
[Jul 26 6:06 AM] Singapore's government noted an increasing use of cryptocurrencies in terror financing, even though it acknowledges that cash and other informal value transfer systems remain the predominant means for financial transactions.
Lightning Labs Rolls out Taproot Assets Seeking to Bring Stablecoins to Lightning Network
[Jul 26 5:20 AM] Lightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second layer, has announced the rollout of Taproot Assets. This solution allows for issuing multiple tokens on top of it. The…
Real-world assets evolve finance by tokenizing everything, says Kinto co-founder
[Jul 26 5:05 AM] Real-world assets could catalyze the tokenization of everything, or at least Kinto thinks so.
Solana Set For 900% Rally With Breakout From This Pattern — Analyst
[Jul 26 3:30 AM] Recent events have brought Solana (SOL) to the spotlight, drawing in both experts and investors due to its notable price gain. According to market expert Ali Martinez, the price of Solana is likely to see a remarkable growth of 900%, which will…
Georgia Man Sentenced to Prison for Cryptocurrency Computer Fraud
[Jul 26 12:30 AM] Steven Drawdy, 40, of Grovetown, Georgia, has been sentenced to 32 months in U.S. prison for wire fraud after defrauding over 40 customers in a cryptocurrency computer scheme. Drawdy, who participated in an online cryptocurrency discussion forum…
Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud
[Jul 25 11:30 PM] The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity…
In The Works: Jersey City Mayor’s Plan To Introduce Bitcoin ETFs Into Pension Funds
[Jul 25 10:30 PM] In a significant development showcasing the growing adoption of cryptocurrencies within traditional financial systems, the Jersey City pension fund is in the process of allocating an undisclosed percentage of its assets to invest in Bitcoin ETFs…
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
[Jul 25 10:30 PM] Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing…
Crypto Backs Donald Trump: $4 Million War Chest In Bitcoin, XRP For Re-election
[Jul 25 9:30 PM] Former President Donald Trump is set to deliver a keynote address at the 2024 Bitcoin Conference in Nashville, Tennessee, this weekend, amid growing speculation that Trump may announce Bitcoin as a strategic reserve asset for the United States…
Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation
Crypto Analyst Says Bitcoin Is Headed For $260,000 But This Must Happen First
[Jul 25 8:00 PM] A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency, is on track to reach an unprecedented $263,000. However, he also emphasized that this bullish surge to new all-time highs is contingent on Bitcoin meeting…
SBI and Franklin Templeton Collaborate to Create Digital Asset Management Firm
[Jul 25 7:30 PM] Japan’s SBI Holdings plans to create a new investment management company in collaboration with major U.S. asset manager Franklin Templeton by the end of the year. This joint venture will focus on managing digital assets. The new entity will…
Bitcoin Mining Giant Marathon Digital Makes Major $100M BTC Acquisition
[Jul 25 6:30 PM] Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin. This significant purchase, detailed in a recent company statement, has increased…
UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers
[Jul 25 6:30 PM] The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the…
Skybridge Founder: Kamala Harris Open-Minded About Crypto
[Jul 25 5:30 PM] Anthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary…
Ripple CEO: Kamala Harris Could Reset US Crypto Regulation
Justin Sun Mocks Kamala Harris With Made-up Campaign Slogan
[Jul 25 12:31 PM] Justin Sun, the founder of the Tron cryptocurrency ecosystem, mocked the current U.S. Vice President and favorite to be designated as the Democratic candidate for the U.S. presidency, Kamala Harris. He joked about a possible slogan for her upcoming…
Debunking Doubts: How XRP Could Achieve A 3-Digit Surge — Analyst
[Jul 25 12:30 PM] With strong forecasts and major endorsements, XRP is drawing fresh interest. Renowned crypto educator Common Sense Crypto has lately underlined the token’s ability to reach triple digits despite some doubts from some quarters. This positive…
Wazirx Details Plan to Resume Withdrawals and Trading — Insists Signers’ Machines Show ‘No Evidence of Compromise’
[Jul 25 9:22 AM] Indian crypto exchange Wazirx has provided an update on its progress to enable users to withdraw funds and resume trading on its platform following a cyberattack that caused a loss of over $230 million. “Our preliminary investigation reveals…
Indian City of Raipur Puts Real Estate Records on Blockchain With AirChains
[Jul 25 3:48 AM] Raipur, the capital city of the Indian state of Chhattisgarh, has started bringing building records on blockchain with the help of AirChains, an India based Zero-Knowledge (ZK) roll up.
India Has Seen 92 Drug Trafficking Cases in Four Years Involving Dark Net and Crypto
[Jul 25 3:42 AM] India has seen as many as 92 cases since 2020 till April 2024 involving dark net and cryptocurrencies to purchase drugs, the nation's junior Home Minister Nityanand Rai said to parliament on Wednesday.
Hong Kong Launches Its First Inverse Bitcoin ETF Product
Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser
[Jul 24 7:33 PM] Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to…